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ajross | 3 days ago
Just "commoditizing". Last years microwave ovens were basically the same as 2024's also, and no one cares. You still need them and people still buy them and use them as much as ever, but at a replacement rate and not because of fashion or innovation.
That is a good thing. It means the economy is doing what it's supposed to do and bringing maximal value to consumers so we can spend our resources more efficiently (on other fashion-driven junk in different market segments), making us richer.
It's only bad news if your business is selling "phones" and not innovative products more generally. Which, yeah, is pretty much AAPL's trap. But that's on them, not us. We're winning.
whackernews|3 days ago
Richer… so we can buy more stuff I guess?
Anyway a good microwave can last you 30 years not even joking.
kace91|3 days ago
ajross|3 days ago
They may not match your particular tastes, but people with inflexible taste are always the last-resort market for manufacturers of commoditized products. People still buy from Hermès even though Shein completely dwarfs them in revenue, etc... That's the way it will always be with Apple too.